MemeCore Turns Meme Culture into On-Chain Rewards

MemeCore has launched its EVM-compatible Layer 1 blockchain, aiming to restructure the volatile and speculative nature of the meme coin market by introducing a structured framework for digital assets driven by cultural contribution and on-chain activity. The project introduces the "Proof of Meme" (PoM) consensus mechanism, combining elements of Proof-of-Authority and delegated Proof-of-Stake. Validators are required to self-stake 7 million $M tokens, while delegators may stake $M or whitelisted meme coins. Rewards are distributed across $M stakers (75%), meme token delegators (24%), and block proposers (1%) [2].

The network architecture is designed to quantify and reward the creation, remixing, and distribution of meme content. Each new meme coin minted on the platform generates a "Meme Vault"—a smart contract acting as a reward pool to support the coin's continued development and engagement. Participants earn $M tokens and MRC-20 meme tokens based on measurable contributions, shifting the focus from speculation to sustained cultural involvement [2]. MemeCore’s tokenomics are structured to support this model, with a capped supply of 10 billion $M tokens. As of September 1, 2025, circulating supply stands at approximately 1.03 billion $M, with a market capitalization of $706 million and a fully diluted value of $6.79 billion [2]. The token allocation emphasizes community alignment, with 58% allocated to community incentives, 15% to the foundation, 13% to core contributors, 12% to investors, and 2% to the Meme Treasury [2].

MemeCore’s ecosystem includes a range of decentralized applications (dApps) and infrastructure services. MemeX enables no-code MRC-20 token creation with leaderboard features, while PUPA allows rapid token and NFT generation. Everyswap integrates Uniswap v3-based AMM functionality on the network. Additional infrastructure includes MemeCore Stake (multi-token delegation UI), MemeCoreScan (on-chain analytics), and developer tools like MemeCore Faucet and OKLink explorer services. Gaming integration is led by Memes. War, a Telegram-based play-to-airdrop platform. MemeCore also supports external dApp onboarding through its LIFT Ecofund, offering up to $100,000 in grants [2].

Strategic partnerships have been crucial to MemeCore’s development and market access. The project has secured investments from Waterdrip Capital, AC Capital, IBC Ventures, and others. A partnership with the NEO blockchain enables joint development of cross-chain functionality for the PoM framework. PrestoLabs provides capital and regulatory support, while Meson Free Bridge facilitates native $M token bridging to BNB Chain [2]. MemeCore’s token, $M, was simultaneously listed on several centralized exchanges on July 3, 2025, including Binance Alpha, Kraken, Bitget, BingX, HTX, MEXC, and Hashkey. On Bitget, 24-hour M/USDT trading volume reached $10.2 million; MEXC posted $3.2 million. $M is also traded on Uniswap v3 and PancakeSwap, with DEX liquidity concentrated in a $155,000 M/USDT pool [2].

Community engagement is central to MemeCore’s strategy. Marketing initiatives include the “Trump Dinner” leaderboard campaign and the “Proof-of-Shit” social campaign, which distributed $700,000 to participating communities. Offline presence has included participation in major industry events like Token2049 in Dubai and KBW 2024 in Hong Kong. MemeCore aims to standardize and elevate meme coins as verifiable digital assets through its structured framework and incentive system [2].

MemeCore’s native token, $M, has shown significant price performance, trading near $1.68 after a 40% 24-hour increase. The token has gained almost 276% in seven days, reaching new all-time highs. However, recent trading volume has shown a decline, with a 33.40% decrease in the last 24 hours. Despite this, MemeCore continues to outperform other meme coins and broader market averages [1]. Analysts, including Tryrex, anticipate a potential correction, with the token possibly facing a 32% decline from its peak of $1.97 to around $1.35. The MemeCore Buyback Program, designed to use ecosystem revenue for token buybacks, may support post-dip recovery [3].

Source: [1] MemeCore Price: M Live Price Chart, Market Cap & ... (https://www.coingecko.com/en/coins/memecore) [2] MemeCore Launches Layer 1 Blockchain to Structure ... (https://www.theblock.co/press-releases/369977/memecore-launches-layer-1-blockchain-to-structure-the-meme-coin-economy) [3] MemeCore Price Crash? Whales Are Pouring Gains Into ... (https://cryptodnes.bg/en/memecore-price-crash-whales-are-pouring-gains-into-snorter-token-instead/)